Matthew Sellers

Matthew Sellers
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Morgan Stanley to cut 2,000 jobs as AI reshapes Wall Street
RIA NEWS MAR 20, 2025
Morgan Stanley to cut 2,000 jobs as AI reshapes Wall Street

Investment giant has introduced multiple AI tools aimed at improving efficiency.

Jefferies wins summary judgment against hedge fund founder over personal guarantee
ALTERNATIVES MAR 18, 2025
Jefferies wins summary judgment against hedge fund founder over personal guarantee

Court rules George Weiss personally liable for hedge fund’s collapse-era debts; bankruptcy backdrop reveals high spending and missteps.

New York to toughen up laws to make up for weakened CFPB
RIA NEWS MAR 14, 2025
New York to toughen up laws to make up for weakened CFPB

AG Letitia James proposes new consumer protection legislation.

Don’t bank on a sudden interest rate cut – Powell
RIA NEWS MAR 07, 2025
Don’t bank on a sudden interest rate cut – Powell

Federal Reserve stays cautious on rate cuts as economic uncertainty persists

Trump wins battle to fire ethics boss
RIA NEWS MAR 06, 2025
Trump wins battle to fire ethics boss

Whistleblower protection department head out as battle between executive branch and federal agencies heats up.

Trump backs down on many Mexican, Canada tariffs, markets still suffer
RIA NEWS MAR 06, 2025
Trump backs down on many Mexican, Canada tariffs, markets still suffer

S&P down over 2%, Nasdaq heads towards a 3% loss

TD Bank slashes U.S. executive pay amid money laundering fallout
RIA NEWS MAR 04, 2025
TD Bank slashes U.S. executive pay amid money laundering fallout

News breaks as US consumer banking chief anounces departure to competitor

Goldman Sachs prepares for job cuts, targets VPs in latest round of layoffs
RIA NEWS MAR 04, 2025
Goldman Sachs prepares for job cuts, targets VPs in latest round of layoffs

NY investment bank has a targeted firing list - report

US markets tumble as Trump confirms tariffs on Canada, Mexico
RIA NEWS MAR 03, 2025
US markets tumble as Trump confirms tariffs on Canada, Mexico

There's 'no room left' to negotiate, says Trump.

Our insurance AI is nicer than our agents, Allstate says
LIFE INSURANCE AND ANNUITIES FEB 24, 2025
Our insurance AI is nicer than our agents, Allstate says

The insurer claims its bots can be more empathetic than humans.